Passwordless Authentication Firm 1Kosmos Secures $57 Mn in Series B round

Date:

Trending

- Advertisement -

1Kosmos, a company that unifies identity proofing and passwordless authentication, has raised $57 million in Series B funding, including a $10 million line of credit from Bridge Bank.

Led by Forgepoint Capital and Origami’s Oquirrh Ventures, the round also saw participation from Craig Abod, Founder and President of Carahsoft, NextEra Energy Ventures, Gula Tech Adventures, and the 1Kosmos management team. This brings the company’s total funding to more than $72 million, including a prior $15 million Series A round.

- Advertisement -

1Kosmos said the funds will be used to advance product innovation, accelerate global expansion by scaling direct and channel sales across North America, EMEA, and APAC, and deepen technology integrations with leading IAM, CIAM, PAM, and zero trust platforms.

Speaking about the funding round, Hemen Vimadalal, CEO of 1Kosmos, said, “Identity has become the first step in the kill chain. This investment allows us to strengthen the proactive controls organizations need to prevent impersonation-based attacks—whether it’s a sophisticated hacking group or a state-sponsored developer hiding in plain sight. 1Kosmos identity verification is the only practical solution that can be quickly deployed in a matter of hours to effectively combat this threat.”

“The mission at 1Kosmos, since its inception, has stayed remarkably focused on providing individuals with a secure digital identity, one they control and use to prevent identity fraud when accessing digital services. As the largest investor in the company, we are proud of their track record of innovation and delighted to see their accelerating growth,” Ernie Bio, Managing Director of Forgepoint Capital, added.

- Advertisement -

The announcement follows a string of recent company milestones, including 1Kosmos becoming the only full-service Kantara-certified credential service provider to achieve FedRAMP High authorization, certifying its platform for the U.S. government’s most security-sensitive workloads. In partnership with Carahsoft, 1Kosmos was also recently selected for a 10-year, $194.5 million blanket purchase agreement to supply next-generation identity proofing to Login.gov, the federal authentication service used across dozens of agencies.

Commenting on the investment in a passwordless firm, Ron Heinz, Founder and General Partner at Oquirrh Ventures, said, “We invested in 1Kosmos because they’ve built a rare combination: a defensible platform, strong commercial traction, and proven scalability. Enterprises can consolidate fragmented onboarding, identity verification, and authentication workflows into a single platform that cuts fraud, reduces operational overhead, delivers a modern user experience, and accelerates time-to-value.”

“Stopping AI-powered impersonation attacks is now a boardroom concern. 1Kosmos delivers a practical, scalable solution. They’ve created a business-aligned identity layer that replaces passwords and fragmented tools with secure, verified access for every user—whether employee, customer, or contractor,” Jay Emmanual, Managing Partner at NextEra Energy Investments, added.

Further commenting about the funding round, Craig Abod, Founder and President of Carahsoft, said, “With all the attention on business efficiency in both the public and private sectors, knowing who is in your network is an impactful way to gain efficiency quickly. 1Kosmos deterministically proves identity. There’s no guessing or predicting involved. This saves time and dramatically simplifies identity and access management.”

- Advertisement -

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

As Crypto Markets Mature the OpenSea Insider Trading Case Still Shapes Governance Debates

When federal prosecutors charged former OpenSea employee Nathaniel Chastain in June 2022, the case was widely described as the first major insider trading prosecution...

How SMS Verification Infrastructure Is Evolving in Modern Digital Platforms

As digital platforms scale globally, identity verification has become a critical layer of modern tech infrastructure. From fintech startups to social apps and enterprise SaaS tools, ensuring that users are real, unique, and secure is now a baseline requirement rather than an optional feature....

The Business of Recycling: Profit, Waste, and Sustainability

The business of recycling stands at the intersection of environmental responsibility and economic opportunity....

Serhii Tokarev Spoke About The Third Season Of The Generation H Accelerator

Serhii Tokarev spoke about the Generation H 3.0 HealthTech accelerator, which is opening applications...

Borade AI Founder Shiv Kumar Borade on Building an AI Growth Engine for Small Businesses

Speaking with TechGraph, Shiv Kumar Borade, Founder & CMD of Borade.AI, discussed how many...

When AI-Generated Documentation Hurts More Than Helps

AI-generated documentation has quickly become a selling point for modern SaaS and developer platforms,...

From Black Box to Trusted AI: Why Defence Needs Constitutional AI Models

For decades, the defence and intelligence agencies have followed one non-negotiable rule: trust nothing...

Apple Reports $111.18 Billion Revenue in Q2 FY26, Net Profit Rises to $29.6 Bn

Apple Inc. (NASDAQ:APPL) has reported its financial results for the quarter ended March 28,...

MochaTrade Raises Pre-Seed Funding From Y Combinator and Pioneer Fund

MochaTrade, a global trading platform focused on offering perpetual futures linked to U.S. stocks, commodities, and indices, has raised an undisclosed pre-seed funding round...

Hermès vs MetaBirkin: The NFT Case That Redefined Ownership on Ethereum

The NFT boom of 2021 and early 2022 pushed digital assets into the mainstream,...

Why Ontarex.com Is Gaining Canadian Investor Attention

In recent months, Ontarex has started to attract noticeable attention from Canadian investors. As...

Cisco Report: Cybersecurity Remains Top Challenge as Industrial AI Adoption Expands

Cisco Systems (NASDAQ:CSCO) has released its latest State of Industrial AI Report, highlighting how...

Gen Z Shops Differently: How E-commerce Backend Systems Are Adapting to ‘Always-On’ Buying

Gen Z’s influence is not limited to new preferences for purchases. It has redefined...

Reframing AR for Consumers: Luxid Tech’s Siddhant Agarwal on Building Screen-First Smart Glasses for Everyday Use

Speaking with TechGraph, Siddhant Agarwal, Founder of Luxid Tech, discussed how the AR and VR industry has remained constrained by over-engineered products focused on...

How Tech-Driven Hiring Models Are Closing India’s Employability Gap

The paradox of employment in India becomes increasingly pronounced every year, as many students graduate from college but struggle to meet the needs of their respective companies. It is not an issue of educational standards anymore, but relevance. In an era where artificial intelligence...

Bihar Police, Vehant Technologies Partners to Deploy Screening Systems Across 40 Courts

In a bid to enhance safety and security across court premises for judges, lawyers,...

Rethinking Hospital Security: TrioTree Technologies CEO Surjeet Thakur on Securing Fragmented Hospital IT Environments

In an interaction with TechGraph, Surjeet Thakur, Founder and CEO of TrioTree Technologies, outlined...

The IoT Platform Market Just Consolidated: Smart Integrators Are Looking Elsewhere

Three platforms changed owners in 15 months. Your stack didn't change. Your risk profile did.

How Home-Based Healthcare is Improving Medical Accessibility Across India

The Indian health care industry has seen considerable transformation in recent times, primarily due...

Meta Platforms, Broadcom Partners to Co-Develop Multi-Gen Silicon AI Chips

Facebook parent Meta Platforms (NASDAQ: META) has expanded its partnership with Broadcom to co-develop...

Practo Names Srijesh Kumar as Global CPTO

India-based online doctor consulting platform, Practo has announced the appointment of Srijesh Kumar as...

India’s Foreign Secretary Vikram Misri Holds Talks with FBI Chief Kash Patel

India’s Foreign Secretary Vikram Misri met FBI Chief Kash Patel in Washington on Thursday...

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while...

8B, PayU Partner to Enable UPI Payments for Indian Users Across Central Asia

Central Asian fintech infrastructure company 8B has partnered with PayU Payments to enable UPI...

Cisco Report: Cybersecurity Remains Top Challenge as Industrial AI Adoption Expands

Cisco Systems (NASDAQ:CSCO) has released its latest State of Industrial AI Report, highlighting how...

“Budget should focus on reducing taxes on capital gains,” Says Abhishek Gupta of Hex N Bit

Speaking in the upcoming Union Budget 2021, Abhishek Gupta, Founder, and CEO, Hex N...

“China is a Global thief” Rep. Tom Rice on Uyghur Forced Labor Prevention Act

Speaking at the House on Uyghur Forced Labor Prevention Act, Rep. Tom Rice (R-SC)...

Ethnic Wear Brand Alaya By Stage3 Raises Seed Funding Led by LC Nueva AIF

Gurugram-based Alaya By Stage3, a modern Indian wear brand operated by Cosmo Brands, has...

Refurbished Electronics Platform Grest Secures FDI from Japan’s ICMG in Pre-Series A Round

Grest, an India-based premium refurbished electronics platform, has secured foreign direct investment from ICMG...

Gen Z Shops Differently: How E-commerce Backend Systems Are Adapting to ‘Always-On’ Buying

Gen Z’s influence is not limited to new preferences for purchases. It has redefined...

Alphabet Discloses $2.14 Billion in Public Equity Holdings as of June 30

Alphabet Inc. disclosed $2.14 billion in equity securities held across 39 positions as of...

Gaming for Good: Boosting the Indian Gaming Community through Technology

The Indian gaming industry is transforming remarkably, driven by technological advancement and a growing...

India to generate $100 bn from telephonic investments

India expects to attract $100 billion in investments in the telecom sector, a union...